27 July 2024 | 13 replies
I've been at the same job for 3 years now and in the same industry for about 12 years.I do live in the house I own, As far as the HELOC, that was kind of my plan to utilize that as a down payment...ive been reading about the DSCR loans, why do you say I wouldn't be ready for that as a first timer?
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27 July 2024 | 10 replies
Document every aspect of your project to analyze what worked and what didn’t.Networking with other flippers and industry pros can also provide valuable insights.
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27 July 2024 | 26 replies
I had a retail deal and bank had an appraisal of $10,420,000, looking at P&L from 6 months earlier on the subject the NOI was $300k, looking at rent roll of a month in August the income was $105k with 35% vacancy, asked the asset manager how did the come up with $10,420,000 and he said based on that month rent whats renting in the market not considering this is a stressed property and wanting around 80% off that amount which did not even make sense what so ever.
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26 July 2024 | 12 replies
Many banks just hire a broker and sell their foreclosures off on the retail market like any other seller.
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28 July 2024 | 27 replies
Than I'd say look at what other involvement do they have with other industry specific organizations, if need to keep narrowing it down.
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27 July 2024 | 50 replies
Foundations are endemic and you need to be very well-informed as to the neighborhoods. for out of state I concur with 39211 and some of 39206 the other zips are south jackson which can be very block to block and in my mind more appropriate for a local in the know investor like Susan.. 39211 is a very nice mixture of owner occ and rentals where a fixed up home will retail and retail for a nice profit many times..
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25 July 2024 | 7 replies
Oftentimes, there's overlap between the two recommendations, but you also get a mix of different options.Also, to shed a little light on the insurance industry, premiums have increased significantly year over year across the entire country.
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24 July 2024 | 3 replies
Most typically you'd hear this term in commercial leasing where the tenant reconfigures an office space or builds out a retail store/restaurant space.
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23 July 2024 | 32 replies
I like smaller retail deals with faster turn arounds to realize the upside.
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24 July 2024 | 6 replies
I'm about to embark on my first commercial real estate development project.I plan to buy a ~1acre property in Georgia to construct a 20,000sqft building with the following breakdown:8,000sqft retail space7,000sqft warehouse space5,000sqft office spaceI'll be using some of the office space and warehouse space for myself.